News
Caveat Emptor (Beware the buyer)In a High Court matter in the Northern Gauteng Division last week, it was yet again highlighted how easily a property owner can unknowingly find himself in deep trouble by, on the one hand unscrupulous developers and on the other, belligerent neighbours. We will refrain from naming people or places, but the facts are as follows. Read more |
Constitutional Future of the Development Facilitation actSome readers may be aware of the judgement handed down by the Constitutional Court on 18 June 2010 in the application by the City of Johannesburg Metro (CJM) and the eThekwini Metro (Greater Durban) for the confirmation of an order made by the Supreme Court of Appeal, declaring Chapters V and VI of the DFA unconstitutional. The question is now: What is the status of the DFA, particularly in view of many applications currently being in the cooking pot? Read more |
Working from Home: Is it legal?As consulting town planner, I am often confronted by homeowners demanding why they cannot conduct a business from their home or for that matter from any dwelling. It is normally the excuse that “everyone is doing it”. The question is always: Is it legal? As with many things in life, the answer is not so straight forward and therein lies the confusion for Joe Budding Entrepreneur. Read more |
Is it a good time to invest in property?The above question is heard almost every day in the property field. The answer is, like everything in life, not so simple. In broad terms, it really depends on your own goals and circumstances. Here is why: Read more |
Are we in for a Property recovery?As the new year kicks off almost everybody in the property development industry seems to agree on one thing: Certainly it cannot go worse in 2011 than in the two preceding years. Obviously the question is: Where are we in the economic cycle? I quote Adrian Goslett, CEO of RE/MAX of Southern Africa, below where he takes a look at where South Africa’s property market is in the property cycle and what this means for homebuyers and sellers. |
